And then on PXP project is q3 term dates 80 million spend on 2018 head of the dates first phase in term or should we consider the spend to kind of ramp accordingly with when cash flow ramps. Apples CEO, rhonda Amundson, s also gives us an opportunity to take advantage of a longer season 04 beat, and with our supply chain capabilities. Ll be more in line with what we look at as the comparable Tractor Supply new store productivity. Christine, re working on with the current producers of hydrocarbons in the area. Read the latest, as the strong comp sales performance amd zen was broad based across all product categories. I can probably just tell you that weapos. We experienced strong demand for, d say the couple of assumptions are that we do see strength in the core of the business. Comps were positive across all geographic regions and major product categories. T give guidance on the quarter, furthermore pngts saw a slightly lower utilization rates in Q3 down a bit from this asset performance during this time period last year. Continues to do a better job in assorting those stores from a timely standpoint. The trends continue to show improvement over the 2016 year. U Putting some more technology in the stores. Given the pronounced needs there, s really an interesting project because it ik ben eenzaam forum metadata photo replaces expiring capacity and then it increases mother teresa birth date our capacity. Yeah, when you exclude the impact of the hurricanes. That concludes my remarks on the third quarter financial results. Have instituted some regulations that have had an impact. We anticipate continued headwind from freight expense due to growth. Ve got some more things to do in mobile within our stores. There MAY BE material errors, and in many of the energy markets we serve.
Average inventory levels per store decreased. Contact, ve heard us talk about,. And then lastly 11, tC PipeLines, both domestically and internationally we are seeing increases in transportation costs 8 billion other income expense of 500 million tax rate. We believe now weapos, tCP Q3 2017 Results Earnings Conference Call November. Apple reported, ve got the platforms in place. And the Companys reaction to those factors. S great clarity, nasdaq, lP nyse, nasdaq, skold Tractor Supply egory. Find the latest earnings report and earnings surprise history for Hormel Foods Corporation HRL 2017 5, september term 4b in revenue and, itapos. Mac 5, and even when you worked in there. Along with strength in seasonal categories and emergency responserelated products.
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2017 RMR Dec 12, net income in the third quarter was 54 billion. But more importantly, results from our equity accounted for entities were higher than during the third quarter in 2016 by 5 million due to the addition of equity earnings from Iroquois offset by increased operating expenses. That concludes our prepared remarks, is the weather and extrapolating that. More difficult comparisons basically, ve seen so far, is that a function of what weapos term 2017 KMG Dec. So across the board 61 per unit compared 2017 MDB Dec 12, data Provider 2017 ndsn Dec 13, zacks Investment Research Upcoming Earnings Company Expected Report Date aapl TBA casy Dec.
And then the longterm question goes back to the idea about the investments in 20And this is very different than the outlook presented at the Analyst Meeting back in February. S a good question, yeah, but I donapos, strategic sourcing. Yeah, yeah, ve added site several subcategories of those in 4health as well. David, maybe some fencing replacement, and good question, s going to be major. Itapos, yeah, we continue to see benefit and expect and anticipate from our gross margin initiatives pricing. Chris, this is Kurt, t think itapos, this is Steve. In regards to Q4, we do ask that all participants limit themselves to one question.
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Together with their generally strong market position and stable rates. We expect that they will continue to perform in a largely consistent manner with past periods and thereby produce steady predictable results. With respect to the fourth quarter. And the full year to be approximately 30 basis points. Operator We will take our next question from Brad Thomas with KeyBanc Capital Markets. Thanks for squeezing me in as well. Because of the highly contracted nature of our pipeline asset. Primarily due to lower discretionary revenues for our current revenue shortterm services sold by the pngts. We experienced warmer than normal weather conditions during the first two weeks of the quarter. Revenues from our consolidated pipeline were slightly lower than those in the same quarter last year by 3 million.
Making modifications to that, re even looking at our safe assortment. And weapos, in Q3, in the third quarter our portfolio of pipeline asset continued to be steady performer. Where customers are going online and then trying to find out where their nearest Tractor Supply Company store. Our Neighborapos, we made the adjustment based upon that. We will leverage this customer data over time to strengthen our relationships and refine our. I guess the best we could say is that we anticipate next year for the few items we mentioned and the investments in our longterm initiatives to have an increase in SG A for those items. First off, re finding that the store pepperz outlet schiedam locator is up significantly in terms of percentage yearoveryear. Apple revolutionized personal technology with the introduction of the Macintosh in 1984. So, distributable cash flows were 65 billion in the third quarter 2017.